Hess Corp.

Hess Corp. today announced startup of production from the Liza Phase 2 development on the Stabroek Block offshore Guyana, utilizing the Liza Unity floating production, storage and offloading vessel. The Liza Unity is expected to reach its production capacity of 220,000 gross barrels of oil per day later this year as operations are safely brought [...]

Hess Corp. announced today that it has achieved a top score of 100% on the Human Rights Campaign's Corporate Equality Index for 2022 and earned the designation as one of the Best Places to Work for LGBTQ+ Equality. For the third consecutive year, Hess also has earned a place on the Bloomberg Gender-Equality Index , which tracks the performance of [...]

Hess Corp. today reported net income of $265 million, or $0.85 per share, in the fourth quarter of 2021, compared with a net loss of $97 million, or $0.32 per share, in the fourth quarter of 2020. On an adjusted basis, the Corporation reported a net loss in the prior-year quarter of $176 million, or $0.58 per share. The improvement in adjusted [...]

Hess Corp. today announced a 2022 Exploration & Production capital and exploratory budget of $2.6 billion, of which approximately 80% will be allocated to Guyana and the Bakken. Net production is forecast to average between 330,000 and 340,000 barrels of oil equivalent per day in 2022, excluding Libya. Bakken net production is forecast to average [...]

Hess Corp. today announced two significant discoveries at the Fangtooth-1 and Lau Lau-1 wells on the Stabroek Block offshore Guyana. These discoveries will add to the block's previously announced gross discovered recoverable resource estimate of approximately 10 billion barrels of oil equivalent. The Fangtooth-1 well encountered approximately 164 [...]

Hess Corp. announced today that it will hold a conference call on Wednesday, January 26, 2022 at 10 a.m. Eastern Time to discuss its fourth quarter 2021 earnings release. To phone into the conference call, parties in the United States should dial 877-693-6685 and enter the pass code 4683739 after 9:45 a.m. Outside the United States, parties should [...]

Hess Corp. announced today that John Hess, Chief Executive Officer, will present at the Goldman Sachs Global Energy and Clean Technology Conference Virtual Conference on January 6, 2022 at 12:00 p.m. Eastern Time. A live audio webcast and a replay of the discussion will be accessible via Hess Corp.'s website. Hess Corp. is a leading global [...]

Hess Corp. has been recognized for climate change stewardship in CDP's Climate Change Scores for 2021. Hess has earned Leadership status for 13 consecutive years from CDP, an international nonprofit organization that runs a global environmental disclosure system. This year, Hess is one of only two U.S. oil and gas producers to achieve Leadership [...]

The Board of Directors of Hess Corp. today declared a regular quarterly dividend of 25 cents per share payable on the Common Stock of the Corporation on December 30, 2021 to holders of record at the close of business on December 15, 2021. Hess Corp. is a leading global independent energy company engaged in the exploration and production of crude [...]

Hess Corp. has earned a place on the prestigious Dow Jones Sustainability Index North America for the 12th consecutive year and is one of only three oil and gas companies included in the North America Index. The DJSI, which recognizes public companies for outstanding performance across economic, environmental and social factors, is used as a [...]